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Luke Johnson - Digital Transformation in the housing and mortgage markets
Manage episode 407540572 series 3563308
Indhold leveret af Kevin Craine and Michael Gale. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Kevin Craine and Michael Gale eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Luke Johnson discusses the existing issues in the housing and mortgage markets, which are characterized by outdated processes and lack of digitalization. The need for reform and digital transformation is highlighted. Technology can play a crucial role in providing real-time, transparent education to consumers, empowering them to make informed decisions. AI has the potential to streamline processes and improve decision-making. Over the next 10 years, transaction costs in the real estate market are expected to decrease significantly. The industry may undergo M&A activity to adapt to the changing landscape. The most pronounced changes will be seen in transaction cost management and improved access to realtors, driven by technology and consumer demand for a streamlined experience.
Read Michael's corresponding article on Forbes here:
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